Binance US Restructuring Plan Supported by 97% of Voyager Account Holders
According to reports, Zhao Changpeng, founder of Coin An, tweeted that 97% of the 61300 Voyager account holders supported the current Binance. US restructuring
According to reports, Zhao Changpeng, founder of Coin An, tweeted that 97% of the 61300 Voyager account holders supported the current Binance. US restructuring plan. Previously, it was reported that Voyager had obtained the court’s approval to sell assets to Binance US at a price of 1.3 billion dollars.
Zhao Changpeng: 97% of Voyager account holders support Binance.US restructuring plan
Analysis based on this information:
Reports have revealed that Coin An founder, Zhao Changpeng, tweeted that the majority of Voyager account holders voted in favor of the current Binance US restructuring plan. Specifically, 97% of the 61,300 account holders showed their support for the decision. This came following the news that Voyager had gained court approval to sell its assets to Binance US for a whopping $1.3 billion.
To understand the significance of this event, it’s worth delving into the background of the Binance US and Voyager acquisition deal. In early 2021, the two companies had announced their plans to merge their operations. This would result in Voyager’s customers being transferred over to Binance US, and all of Voyager’s staff being let go. The merger would also allow Binance US to expand its presence in the United States, as Voyager had already established a significant user base.
However, the deal faced several legal obstacles, with the Securities and Exchange Commission (SEC) having raised concerns about the acquisition. Voyager had to go through a process of approval to ensure compliance with federal regulations. It had to show that the sale of its assets to Binance US would not have any adverse effects on its customers.
The news that 97% of Voyager account holders supported the deal provides a major boost to Binance US and Voyager’s merger plans. It shows that the majority of customers have faith in the restructuring plan and are willing to trust Binance US with their investments. It also indicates that most customers are happy with the terms of the acquisition deal.
Overall, the support from Voyager account holders bodes well for the future of Binance US and the wider cryptocurrency industry. It demonstrates a willingness among investors to embrace changes that will improve the prospects of crypto-based companies. The acquisition deal also highlights the importance of regulatory approval and the need for businesses to adhere to federal regulations.
In conclusion, the Binance US and Voyager acquisition deal appears to be moving in the right direction, with the backing of the majority of Voyager account holders. It is a development worth watching for both crypto enthusiasts and investors alike.
In summary, the message suggests that most Voyager account holders have supported the current Binance US restructuring plan, which is significant given the two companies’ merger plans. The approval comes after Voyager’s compliance with federal regulations and highlights the importance of regulatory compliance in the crypto industry. Keywords that can be associated with this message include crypto, acquisition, restructuring, and approval.
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